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The backtester just keeps getting better! We know you want precision and flexibility as you research trading strategies. We do, too! So we added even more tools to power your research insights.
You can now backtest options strategies using multiple technical indicators.
You’ve always had the ability to test different options strategies, lookback periods, expiration ranges, entry and exit criteria, and compare allocations. We’ve added even more tools to power your insights.
Backtester entry criteria now include the following variables:
- Symbol price is above/below a value
- Symbol price is above/below a moving average
- Symbol moving average is above/below another moving average
- Symbol technical indicator has a buy/sell trigger
- Symbol indicator is above/below a value
Traders often have a checklist of their favorite entry and exit criteria for positions. Research tools should be no different. So, this upgrade also brings the following technical indicators to the backtester that you can mix and match for ultimate customization and detail:
- RSI
- Stochastic %K
- CCI
- ADX
- Momentum
- MACD
- Stochastic RSI
- Williams %R
- Ultimate Oscillator
- MFI
- Chande Momentum Oscillator
- Simple Moving Averages
- Exponential Moving Averages
The indicator buy/sell trigger automatically references a buy/neutral/sell signal based on an indicator’s standard settings. For example, an RSI oversold ‘buy’ signal triggers when RSI is below 30 on a 14-day period.
Adding technical indicators gives you a whole new level of power when researching strategies, and there is nothing like it available for options traders. Be sure to see the new entry and exit criteria that add even more precision to your backtests.
Plus, don’t forget that you can always create a bot from any backtest to instantly automate your ideas!
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